Lawrence McDonald
@Convertbond
NY Times Bestselling Author, over 1 million copies sold, now published in 12 languages globally. Long-time @CNBC Contributor, founder of the @BearTrapsReport
Joined March 2009
13.9K Following 145.1K Followers
Brent, days > $100
2026: 115
2008: 162
Grok data
Oil traders are increasingly pricing the battle over the Strait of Hormuz as the new normal. Futures contracts for brent crude in December 2027 are now close to $90 a barrel, the highest ever and a sharp departure from even a month ago.
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